Avant Capital More Featured Transactions:
Circle K – Commercial Flex
Avant Capital Partners provided a $1,475,000 loan for the acquisition of Circle K, a four-pump gas station and c-store located in Naples, Florida. The loan was made on a nine-year term, amortized over 25 years, at a three-year fixed interest rate of 7.875%.
Saratoga Office Condos– Small Balance Bridge
Avant Capital Partners provided a $1,525,000 bridge loan for the acquisition of three vacant office condominiums located in Saratoga Springs, New York. The loan was made on a 12-month term requiring interest-only payments at a fixed interest rate of 10.50%.
Metra Portfolio – Multifamily
Senior Debt & Mezzanine
Senior Debt: 3-yr term at 6.10%
San Antonio, TX
Yarmouth Portfolio – Multifamily
Preferred Equity & Senior Debt
Equity: 3-yr term at 8.50%
Florida Portfolios – Multifamily
Senior Debt: Bridge
5-yr term at 6.50%
Orlando & Jacksonville, FL
Garners Crossing – Multifamily Premier
Avant Capital Partners provided an $8,925,000 loan for Garners Crossing Apartments, a 210-unit apartment complex located in Columbia, South Carolina. The loan was made on a 10-year term, amortized over 30 years, with an interest rate of 5.58%.
Loft726 – Multifamily Growth
Avant Capital Partners provided a $5,184,000 loan for Loft726, a 29-unit live/work loft apartment complex located in Los Angeles, California. The loan was made on a 10-year term, amortized over 30 years at a rate of 6.30%.